HomeMy WebLinkAboutCRA-R-22-0015 MemorandumSEOPW Board of Commissioners Meeting
April 28, 2022
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Christine King
and Members of the CRA
Board
From: James McQueen
Executive Director
Date: April 29, 2022
File: 11881
Subject: Ratify Funds - Two Guys
Restaurant, Inc.
Enclosures: File # 11881- BACKUP
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA") seeks ratification of funds in the amount
of $13,116.32, for equipment. Coronavirus disease 2019 (COVID-19) is an infectious disease
caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), a novel coronavirus
that was first identified in December 2019. On March 12, 2020, the City of Miami declared a
state of emergency as a result of COVID-19 and has extended it in seven (7) day increments
since. As a result of COVID-19, many small businesses, particularly those within the SEOPW
CRA Redevelopment Area, are struggling desperately to survive.
JUSTIFICATION:
Section 2, Goals 4 and 6, at page 11, of the Southeast Overtown/Park West Community
Redevelopment Agency Plan ("Plan") lists the "creati[on of] jobs within the community" and
"improving quality of life for residents" as stated redevelopment goals.
Section 2, Principle 4, at page 14, of the Plan provides that "employment opportunities be made
available to existing residents ...". Further, Section 2, Principle 6, at page 15 provides that in
order to "address and improve the neighborhood economy and expand economic opportunities of
present and future residents and businesses[,] ... [it is necessary to] support and enhance existing
businesses and ... attract new businesses that provide needed services and economic
opportunities ...."
FUNDING:
Funds derived from rent collected from Overtown Shopping Center, Account Code No.
10050.920101.883000.0000.00000.
AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: April 28, 2022
CRA Section:
Brief description of CRA Agenda Item:
Ratifying the expenditure in the amount of $13,116.32, for the purchase of equipment
for Two Guys Restaurant Inc.
Project Number
YES, there
Account Code:
(if applicable):
are sufficient funds in Line Item:
10050.920101.883000.0000.00000 Amount: $1 3 , 1 1 6.3 2
NO (Complete the following source of funds information):
Amount budgeted in the line item: $
Balance in the line item: $
Amount needed in the line item: $
Sufficient funds will be transferred from the following line items:
ACTION
ACCOUNT NUMBER
TOTAL
Project No./Index/Minot Object
From
$
To
$
From
$
To
$
Comments: Funds derive from rent collections from the Overtown Shopping Center.
Approved by:
Approval:
Executive Director 4/21/2022
Miguel A Valentin, ririarice Off;cer 4/21/2022
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Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: CRA-R-22-0015
File Number: 11881 Final Action Date:4/28/2022
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, RATIFYING
FUNDS IN AN AMOUNT NOT TO EXCEED $13,116.32, TO TWO GUYS
RESTAURANT, INC; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZING THE
EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A
REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION
OF INVOICES AND SATISFACTORY DOCUMENTATION; ALLOCATING FUNDS
FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida
Statutes, and is responsible for carrying out community redevelopment activities and projects
within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West
Redevelopment Plan ("Plan"); and
WHEREAS, Section 2, Goals 4 and 6, at page 11, of the Plan lists the "creati[on of] jobs
within the community," and "improving the quality of life for residents" as a stated redevelopment
goals; and
WHEREAS, Section 2, Principle 4, at page 14, of the Plan provides that "employment
opportunities be made available to existing residents..." as a stated redevelopment principle;
and
WHEREAS, Section 2, Principle 6, at page 15, of the Plan provides that in order to
"address and improve the neighborhood economy and expand economic opportunities of
present and future residents and businesses[,] ... [it is necessary to] support and enhance
existing businesses and ... attract new businesses that provide needed services and economic
opportunities ... ;" and
WHEREAS, Coronavirus disease 2019 (COVID-19) is an infectious disease caused by
severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), a novel coronavirus that was
first identified in December 2019. On March 12, 2020, the City of Miami declared a state of
emergency as a result of COVID-19 and has extended it in seven (7) day increments since.; and
WHEREAS, As a result of COVID-19, many small businesses, particularly those within
the SEOPW CRA Redevelopment Area, are struggling desperately to survive.; and
Page 3 of 4
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would
further the above mentioned redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 3. The Executive Director is authorized to execute all documents necessary
for said purpose.
Section 4. The Executive Director is authorized to disburse funds, at his discretion,
on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. Funds derived from rent collected from Overtown Shopping Center, Account
Code No. 10050.920101.883000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
e Br mffCounsel 4/21/2022
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